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2014-04-30

Ericsson: Ericsson appoints Rima Qureshi Chief Strategy Officer

* Rima Qureshi appointed Senior Vice President and Chief Strategy Officer for
the Ericsson Group
* Will also assume role as Chairman of Business Unit Modems
* Appointment effective as of May 1, 2014
* Brings nearly 30 years' experience in the global telecommunications and IT
industry of which 21 years with Ericsson

Ericsson (NASDAQ:ERIC) appoints Rima Qureshi Chief Strategy Officer for the
Ericsson Group where she will also drive the company's mergers and
acquisitions (M&A) strategy and activities. In addition, she will serve as
Chairman of Business Unit Modems.

Hans Vestberg, President and CEO of Ericsson, said: "I am very pleased with
this appointment. Rima's comprehensive experience in driving both business
and M&A's, along with a solid track record in strategy development and
execution, makes her ideal for the job. Rima successfully led the integration
of the CDMA and LTE assets of the former Nortel Networks Corporation and ran
the business unit CDMA Mobile Systems during the years 2010-2012."

Rima Qureshi has been Senior Vice President and part of Ericsson's Executive
Leadership Team since 2010.

Rima Qureshi said: "The industry is going through a rapid transformation and I
could not think of a more exciting time period to lead Ericsson's Group
strategy development. At the same time I am also looking forward to working
closely with the team at Business Unit Modems to ensure we are successful
based on the industry's most advanced LTE thin modem."

Rima Qureshi joined Ericsson in 1993, and prior to running Business Unit CDMA
Mobile Systems, her career spanned leadership roles in R&D, sales, and
Services, including managing Global Service Delivery Centers in Canada, the
US, Mexico and Brazil.

Qureshi was appointed to the Board of Directors of MasterCard Worldwide in
April 2011, based on her broad international experience and business acumen.
In April 2014, she was appointed new member of Wolters Kluwer Supervisory
Board, a global leader in professional information services.

Qureshi holds a Bachelor's degree in Information Systems and an MBA, both from
McGill University in Montréal, Canada.

NOTES TO EDITORSQureshi bio and photos availablehere

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with
every major telecom operator in the world allow people, business and society
to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud

- are enabling the telecom industry and other sectors to do better business,
increase efficiency, improve the user experience and capture new
opportunities.

With more than 110,000 professionals and customers in 180 countries,

we combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments
in research and development ensure that our solutions - and our customers -
stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on
NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com

www.ericsson.com/news

www.twitter.com/ericssonpress

www.facebook.com/ericsson

www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACTEricsson Corporate Communications
Phone: +46 10 719 69 92
E-mail:media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations@ericsson.com

Ericsson discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on April 30 at 08:30 CET.

Ericsson appoints Rima Qureshi chief strategy officer
http://hugin.info/1061/R/1781338/609429.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire

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